Charlottesville, Virginia – 4/9/12 – At a special meeting of Charlottesville City
Council Tuesday evening, the Council unanimously adopted the Fiscal Year 2012-
2013 budget. The total FY 2013 budget figure is $146,269,910, a slight 2.07%
increase over the FY 2012 Adopted Budget. The FY 13 budget does not reduce
current service or program levels.

“The new budget reflects our community’s commitment to providing high quality
services especially in the areas of education, transportation, public safety, the
environment and parks and recreation,” said City Manager Maurice Jones.

Tuesday’s meeting also set the annual levy on various classes of property,
including the real estate tax of $.95 on every $100 of assessed value. Council
voted to keep all the tax rates the same for the fifth consecutive year. With this
adopted real estate tax rate, 98% of the City’s homeowners will see their real
estate taxes remain the same (59%) or go down (39%).

Budget highlights include:

Charlottesville City Schools. Schools will receive the largest new investment
in FY 2013, a $3.4 million increase from the City. This amount includes a
$670,314 reserve set aside in FY 2012, $1,498,000 in funds reallocated from
capital to operational expenses, and $1.28M realized from other local revenues
and expenditure reductions.

Carver Recreation Center. Anticipated to open Fall 2012, the new and
improved center will be integral to Charlottesville Parks and Recreation offerings,
and a vital community asset.

Charlottesville Area Transit (CAT)/JAUNT holiday service. The FY 2013
budget will fund expanded Route 7 and Free Trolley service on several holidays
when public transportation was not previously offered.

Fontaine Avenue Fire Station. Expected to be operational in Spring 2013, the
new station will provide better and faster service to the southwest portion of the
City.

Charlottesville Housing Fund. The $1.4 million investment in FY 2013
includes $650,000 that was dedicated to the Housing Authority in FY 2012 for
redevelopment of housing authority sites.

Stormwater Technology. A new investment of $135,000 will deliver more
efficient and effective means of targeting and making storm water system repairs,
resulting in cleaner streams and rivers, and building upon Council’s Green City
Vision.

The complete FY 2012-2013 Adopted City Budget is available online at
www.charlottesville.org/budget.